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The Korean Economies: A Comparison of North and South

Eui-Gak Hwang
TLDR
A brief history of Korea can be found in this paper, where the authors discuss the origins of Korea, the Koryo Dynasty 915-1391 the Yi Dynasty 1392-1910 Japanese colonial exploitation 1910-45 Korea 1945-53 - from the year zero to war.
Abstract
Part 1 A brief history of Korea: the origins of the nation and three kingdoms the Koryo Dynasty 915-1391 the Yi Dynasty 1392-1910 Japanese colonial exploitation 1910-45 Korea 1945-53 - from the year zero to war. Part 2 The evolution of two rival systems: general background transitional reforms, economic plans and management systems. Part 3 An economic comparison of North and South: a few words about economic statistics the macroeconomies. Part 4 Public finance in North and South Korea: North Korean development South Korean development. Part 5 External relations: North Korea future prospects. Part 6 North-South relations today: the structure of industry and trade in North and South the opening of North-South dialogue general lessons from East-West German interactions the future of inter-Korean relations and unification. Part 7 Relations with other NorthEast Asian countries: prospects for external economic policy reform in North Korea the development of inter-state relations in the NorthEast Asian Region prospects for co-operation the changing environment for inter-Korean transactions in NorthEast Asian development Korea to the year 2000 - the costs of reunification.

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Modeling Korean Unification

TL;DR: Noland et al. as mentioned in this paper used a computable general equilibrium (CGE) model to analyze economic integration between North and South Korea and found that, given moderately rapid technological convergence, expected levels of cross-border migration, and equalization of rates on return on capital, per capita incomes in the North would remain well below those in the South for an extended period.
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Assessing the economic performance of North Korea, 1954–1989: Estimates and growth accounting analysis

TL;DR: In this article, a panel cointegration technique is used to assess the level of productivity in the North Korean economy in comparison with that of the former Soviet Union, and the results from decomposition suggest that the prime cause of slow economic growth was extremely low or even negative total factor productivity.
Book

Unveiling the North Korean Economy: Collapse and Transition

TL;DR: Byung-Yeon Kim as mentioned in this paper offers the most comprehensive and systematic analysis of the present day North Korean economy in the context of economic systems and transition economics, and addresses what is really happening in the North Korea economy, why it has previously failed, and how the country can make the transition to a market economy.
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Korean unification: How painful and how costly?

TL;DR: Ruiz et al. as mentioned in this paper evaluated the prospects of unification between South Korea and North Korea from a multidimensional perspective encompassing the political, social, economic and technological dimensions, and found that inter-Korean unification is likely to be a costly and disruptive process.
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The July 2002 Reforms in North Korea: Liberman- Style Reforms or Road to Transformation?

TL;DR: In North Korea, the role of the military seems to be growing, as the songun (military first) policy shows as discussed by the authors, which is less a sign of increasing militarization of the society but rather a sign that a change of role of military, namely as a facilitator of economic reform as it was in South Korea, has been argued.